For Sale
$129,900

1203 Walnut StJacksonville, IL 62650

5750 sq ft warehouse, B1 zoning, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This 5750-square-foot commercial warehouse building in Jacksonville, Illinois, presents a compelling investment opportunity. Built in 1981, the property is zoned B1 and currently operates as a multi-use space, including storage, workshop, and motorcycle repair areas. The building features a partitioned foyer/reception area with a bathroom and small office, a large finished shop space, and a large unfinished shop area. The reception area boasts acoustic ceiling tiles and fluorescent lighting. The shop area includes one large overhead door (three doors total) and three overhead mounted heaters. Asphalt parking is available at the front of the building, along with signage. The property is currently leased month-to-month for $1,000 per month. Detailed lease information will be provided during showings, which require 24-48 hours' notice. Legal descriptions, zoning, and restrictions from the previous sale, as certified by an appraiser, are available. This property offers significant potential for various uses, given the high demand for storage space in the area. Note that this property (1203 W Walnut Street) can be purchased as a package with the adjacent property (1205 W Walnut Street) for a combined price of $225,000. Both properties are owned by the same motivated seller.

Highlights

  • Asking Price: $129,900
  • 5,750 SF building on a land parcel in Jacksonville, IL. Zoned B1.
  • Building features include a reception area, office, large finished and unfinished shop space, one large overhead door, and three overhead heaters.
  • Currently leased month-to-month for $1,000/month.
  • 1981 construction.

Property Details for 1203 Walnut St

Property type
Warehouses, Office properties
Year Built
1981
Buildings
1

Location Insight

City
Jacksonville
County
Morgan
State
Illinois
Latitude
39.7449039
Longitude
-90.2484732
1203 Walnut St, Jacksonville, Illinois

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1203 Walnut St
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